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2 <br /> details the many shortcomings in current state level regulations that would apply to fracking, <br /> horizontal drilling, and other activities that would occur if shale gas extraction were allowed in <br /> North Carolina. <br /> Attachment 3 is a draft resolution concerning Shale Gas Development in North Carolina. <br /> FINANCIAL IMPACT: None at the current time. If fracking begins in the Deep River Basin, <br /> financial and societal impacts could be incurred by Orange County. <br /> RECOMMENDATION(S): The Manager recommends that the Board consider and discuss the <br /> attached draft resolution. <br />